Black Press: B.C. excels in societal well-being, lacks in economic prosperity: report

[EXCERPT]

B.C. may be one of the leaders when it comes to overall societal well-being when compared to a number of first-world regions, but a new report suggests that much improvement to the province’s business and economic environment is needed.

According to the Business Council of B.C.’s annual prosperity index report, released Tuesday, B.C. ranks 11th overall among a total of 21 jurisdictions, including California, Alberta and Japan.

Canada as a whole placed 15th overall while California placed first.

B.C.’s mediocre score is due to a below-average ranking of 15 out of 21 when it comes to the province’s productivity and innovation, as well as the amount of business investments, the report reads.

Surrey Now Leader, Penticton Western News, Castlegar News, Campbell River Mirror and more